Deutsche Bank Initiates Coverage On Hewlett Packard with Hold Rating, Announces Price Target of $22
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has initiated coverage on Hewlett Packard (HPE) with a Hold rating and set a price target of $22.
October 09, 2024 | 11:09 am
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NEUTRAL IMPACT
Deutsche Bank has initiated coverage on Hewlett Packard (HPE) with a Hold rating and set a price target of $22, indicating a neutral outlook.
The Hold rating suggests that Deutsche Bank sees limited upside potential for HPE in the short term. The price target of $22 provides a specific valuation benchmark, which is crucial for investors. The neutral rating implies that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100